
Sign Up For Our eNewsletter, FREE! There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Find Out More > View All Offers >
|
|
All agents are NOT alike! Find out why we are top real estate experts. Call Suzanne & Liz Luby today.Suzanne: 847-922-7773Liz: 847-691-3150
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
The Luby Group is one of The Top
Selling Real Estate Experts Find Out More > |
|
|
 |

Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Chicago Northwest Suburbs, Barrington, Palatine and Arlington Heights, Illinois home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Chicago Northwest Suburbs, Barrington, Palatine and Arlington Heights neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Chicago Northwest Suburbs, Barrington, Palatine and Arlington Heights REALTORS®, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Chicago Northwest Suburbs, Barrington, Palatine and Arlington Heights! There's no obligation, and we promise to get back to you quickly...
 |
Time to Move >When Your House Gets Too Big
As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle.
If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.
|
 |
| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
|
| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
See More Real Estate Trivia > |
|
|

Coldwell Banker's "Concierge Department" Coldwell Banker Residential Brokerage proudly presents Concierge... a whole new level of truly remarkable service. Find Out More > View All Affiliates >
|
|
|